Owning COSTON: Uses, Storage and Risks

COSTON is Ondo’s tokenized version of Costco stock. It is intended to give you economic exposure similar to holding COST, including reinvestment of any dividends. It is not Costco’s own cryptocurrency, and holding the token should not be treated as proof that you hold Costco shares directly. Don’t assume you have shareholder voting rights or other rights that come with shares held through a conventional brokerage account; check Ondo’s current product terms to understand the rights attached to COSTON.

Ondo describes its tokenized stocks as available for eligible non-US retail and institutional users to mint and redeem around the clock, five days a week, with access to traditional exchange liquidity. Additional restrictions apply, so availability depends on your location and eligibility. COSTON may also be traded through other venues, but access, liquidity and prices can differ. Before using it, check the issuer’s terms, how minting and redemption work for you, and whether the product is permitted where you live.

COSTON is issued on Ethereum, BNB Chain and Solana. These are separate networks: a token sent to an address on the wrong chain may not arrive in a form you can recover. Make sure the wallet or platform you use supports COSTON on the specific network you choose, and verify the network and token details against Ondo’s official information before depositing or withdrawing.

For self-custody, use a wallet that supports the selected chain and keep your recovery phrase offline. Never share it with anyone claiming they need it to release, verify or restore your tokens. If you hold COSTON through a trading platform or custodian, that provider controls the wallet and you rely on its account security, withdrawal policies and continued support for the token. Check whether you can withdraw COSTON, which networks are supported, and what fees or restrictions apply before you deposit. Project-specific fees and withdrawal terms are not published in the facts available for this guide, so confirm them with the provider before making a transaction.

As of November 8, 2026, COSTON’s reported circulating and total supply were both about 1,244 tokens. No maximum supply is listed. These figures can change as tokens are issued or redeemed, so treat them as a dated snapshot rather than a fixed limit. A small token supply does not by itself tell you how easy it will be to trade: check current market depth and the price you would actually receive before placing an order.

The reported price was about $1,056 per token on November 8, 2026. That is a moving market figure, not a promise that COSTON will track Costco shares exactly or remain close to a particular value. Tokenized stock prices can be affected by the underlying share price, trading hours, token-market liquidity and the mechanics of issuance and redemption. Compare the token’s current price with the underlying asset and read the product terms before relying on the token as a substitute for shares in a brokerage account.

COSTON combines risks tied to Costco stock with risks that come from holding a tokenized product. Its value can fall if Costco’s share price falls, and token trading may not match the underlying share’s price at every moment. Crypto markets may trade when US stock markets are closed, while Ondo describes minting and redemption as available five days a week; that difference can affect pricing and liquidity. The terms, eligibility rules or redemption process may also limit what you can do with your tokens.

You also face custody and technology risks. A wallet mistake, lost recovery phrase, compromised device, wrong-network transfer or smart-contract failure could lead to losses. A custodian or trading venue can impose withdrawal limits or suspend service. Before holding COSTON, check the issuer’s current terms, your local rules, the network and contract details, and the process for redeeming or transferring tokens. Keep only what you can afford to lose, and don’t treat tokenized exposure as identical to owning shares directly.